What game do Del Vecchio and Caltagirone play in Mediobanca?

Mediobanca to be punished? Perhaps, but at least that sins are told better

An article on the Manifesto full of errors, even if perhaps shared in the underlying theme.

The function of the Cuccia bank is devalued alongside the main Italian companies and falsities are attributed to it.

It is not true that the great failures of Italian capitalism in foreign acquisitions are the fault of Mediobanca: Pirelli was directed to the German Continental by one of the beautiful American investment banks; Mediobanca then helped collect the pieces made by others. The climb to the Belgian SGB was conceived and managed only by Carlo De Benedetti and Mediobanca was absent.

Ditto for an alleged desire to climb Axa of which there is no trace.

The conclusion of the article may or may not be right, but perhaps it comes too late. “This” Mediobanca is no longer that of Cuccia since 2003, when its “dismantling” began. And it doesn't want to be because that's what the institutions wanted. And today someone accuses him of incapacity?

In any case, if anything, we would have to think about what is coming out to occupy the place that (a long time ago) was occupied by Mediobanca di Cuccia.

It cites a young old man full of speculative ideas who seems to match another speculator. Together maybe they will make the Italian stock market lively with maxi dividends that, as usual, will end up in the wind at the most difficult moment in the country.

Hurray therefore!